Town has acquired a $700,000 state grant to additional the targets of its soon-to-be up to date municipal harbor plan — together with the acquisition and redevelopment of strategically necessary properties in Gloucester’s Internal Harbor.
Underneath the rules of the grant program, which is run by MassDevelopment, candidates might apply for web site readiness funds to cowl a wide selection of pre-development work for industrial and industrial tasks.
The funds can be utilized for feasibility research for public-private partnerships, grasp planning, environmental work and web site enhancements.
However the metropolis, in response to Group Improvement Director Jill Cahill, plans to make use of the grant funds to assist determine and purchase strategic — typically distressed — industrial waterfront properties that may be stabilized, bought and re-introduced as revitalized parts of town’s historic working waterfront.
Their final makes use of, Cahill stated, would conform to the restrictions governing rising water-based expertise; seafood processing and wholesaling; and shoreside parts supporting town’s present and conventional industrial fishing trade.
“That is actually permitting us to take a deeper dive into bettering the infrastructure of properties within the Internal Harbor,” Cahill stated. “That is actually a daring step for us and a part of the mayor’s dedication to the way forward for town and its working waterfront.”
Cahill stated town already has recognized one property for potential acquisition and redevelopment and approached the proprietor. Citing the fragile stage of negotiations, Cahill declined to determine the property or its proprietor.
“That property nonetheless may find yourself in a non-public sale and we do not need to jeopardize that,” Cahill stated.
The Gloucester grant is one in all 10 web site readiness grants, totaling about $3.2 million, awarded on this spherical of funding by the state.
The Gloucester grant is the third largest of the ten, trailing solely an financial improvement challenge in Pittsfield ($880,000) and an influence plant challenge in Belchertown ($804,000).
Town, previously six months, has launched into the intricate means of updating its municipal harbor plan. The plan was final up to date in 2014.
On the identical time, the state’s Workplace of Coastal Zone Administration has chosen the Designated Port Space of Gloucester’s Internal Harbor as a main topic research within the company’s evaluation aimed toward growing strategies to construct local weather resilience within the state’s 10 DPAs.
Coastal Zone Administration stated the purpose of the research is to “assess and perceive flood dangers right this moment and sooner or later within the Gloucester interior harbor DPA and develop a set of really helpful finest practices for water dependent industrial customers.”
“The information we’ll obtain from our DPA being included on this evaluation will probably be extraordinarily helpful as we transfer ahead on updating our municipal harbor plan,” Cahill stated.
Contact Sean Horgan at 978-675-2714, or email@example.com. Observe him on Twitter at @SeanGDT